The midpoint quantity between 100 and 300 units is

a. 100 units
b. 200 units
c. 300 units
d. 150 units
e. 20,000 units

B

Economics

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Which of the following is NOT a function of the federal government?

A) providing public goods and services B) imposing a personal income tax C) making transfers to state and local governments D) making social security and welfare payments E) collecting property taxes

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During the Great Depression of the 1930s, the aggregate demand curve intersected the aggregate supply curve in the:

a. horizontal portion of the aggregate supply curve. b. upward-sloping part of the aggregate supply curve. c. vertical portion of the aggregate supply curve. d. early years in the horizontal portion, but in the later years in the vertical portion. e. early years in the vertical portion, but in the later years in the horizontal portion.

Economics